March 20
Coronavirus could affect medical malpractice rates, say experts
The coronavirus pandemic could lead to increased medical malpractice claims, but much remains uncertain at this point, including the possibility of federal and state governments acting to relieve health care provider liability, say observers.
Deregulate New York: Winners Reveal Albany Obstacles
Some weeks back in this space we hailed the advent of a new contest calling upon New Yorkers to identify obstacles that the State places in the path of businesses. Response was robust. The Empire Center has just announced the winners. Chris Kendall of Madison County and Jacob Rieper of Columbia County are the DeregulateNY […]
Stop the World (Please!) I Want to Get Off!
Virtual Mediation and Virtual Arbitration Stop the World: I Want to Get Off was a musical with Anthony Newley. It originally opened in London in 1961 and made it to Broadway in 1962. It was followed by a film in 1966 and a revival in 1978. In the play, whenever something unsatisfactory happened to the […]
Surge in working from home raises cyber exposure issues
By Judy Greenwald Companies directing large numbers of employees to work from home for the first time because of the coronavirus pandemic face a host of cybersecurity issues, including concerns over tthe security of workers’ personal computers and vulnerability to phishing attacks.In addition, data lines may be strained as the number of staffing corporate systems […]
PIANY Leader meets with Southern Tier lawmakers to discuss legislative priorities
Professional Insurance Agents of New York Government Affairs Committee Vice Chairperson Steven Stork, CIC, met with local lawmakers to discuss legislative issues affecting the state’s insurance industry, as part of the association’s District Office Visits program. Stork met with Sen. Thomas F. O’Mara, R-58, and Assemblyman Philip A. Palmesano, R-132, on Dec. 16, 2019. “The […]
Digital Asset Management
Advances in technology have created a new class of property: digital assets. More and more parts of our lives, including photos, documents and financial information, are now accessed and stored online and in the cloud. These assets may not necessarily be bought or sold, but they represent value to the owner. Just like tangible property, […]
Independent Insurance Channel Growth Remains Stable
Reagan Consulting Urges Agents, Brokers to Continue Improving Efficiency ATLANTA (February 17, 2020) — Optimism remains high in the independent insurance channel, despite a slight drop in year-end 2019 growth rates and profitability. Agents and brokers predict that 2020 will be a stronger year with 7.0% organic growth, according to the latest Organic Growth […]
Considerations for the COVID-19 Crisis
Unprecedented. Surreal. I have been using those terms with clients over and over as we respond to issues that arise out of the COVID-19 coronavirus. There is literally no road map for what we have gone through in this past week and what we will likely go through over the coming weeks and months. As […]
Why a Policyholder Must Fulfill all Conditions before Filing Suit
Failure to Submit to EUO Abates Lawsuit Almost every first party policy contains a provision requiring the insured to produce relevant documents and submit to an examination under oath (EUO) and to do so before filing suit. Similar conditions have been enforced since the early Nineteenth Century. In AXO Staff Leasing, LLC v. Zurich American […]
